EUR/JPY renews four-year high below 135.00 as BOJ offers to purchase unlimited JGB By anilpanchal7 EURJPY BOJ YieldCurve Bonds RiskAppetite
g so, the yen cross reverses the previous day’s pullback from the highest levels since February 2018.
“The move came after the 10-year JGB yield crept up toward the implicit 0.25% upper limit the central bank sets around its 0% target,” said Reuters following theAlso underpinning the EUR/JPY prices are the firmer yields in the US and Europe, as well as recently hawkish comments from. Policymakers from the ECB have recently been flashing signs of aggressive tightening despite trying to push back rate-hike concerns.
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